Political Parties Do Matter in U.S. Cities ... For Their Unfunded Pensions
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This paper studies the biggest fiscal challenge currently facing many U.S. cities, namely public-sector pension obligations. Employing a regression discontinuity design (RDD), it tests whether the mayors party impacts a citys public-sector pensions. Pension benefits are shown to grow faster under
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美国国家经济研究局创建时间：
2019-03-01
